24465 Zip Code (Monterey, VA) Detailed Profile

Estimated zip code population in 2022: 1,282
Zip code population in 2010: 1,382
Zip code population in 2000: 1,513

Houses and condos: 1,051
Renter-occupied apartments: 101
March 2022 cost of living index in zip code 24465: 84.4 (less than average, U.S. average is 100)

Land area: 175.5 sq. mi.
Water area: 0.3 sq. mi.

Population density: 7 people per square mile

(very low).

Real estate property taxes paid for housing units in 2022:
Median real estate property taxes paid for housing units with mortgages in 2022: $1,080 (0.6%)
Median real estate property taxes paid for housing units with no mortgage in 2022: $1,365 (0.5%)

For population 25 years and over in 24465:

• High school or higher: 90.8%
• Bachelor's degree or higher: 36.4%
• Graduate or professional degree: 11.7%
• Unemployed: 21.5%
• Mean travel time to work (commute): 16.2 minutes

For population 15 years and over in 24465:

• Never married: 27.2%
• Now married: 51.4%
• Separated: 0.2%
• Widowed: 9.8%
• Divorced: 11.4%

• 
• • 1,18392.3%White
  • 695.4%Asian
  • 302.3%Two or more races

100% rural population.

Averages for the 2020 tax year for zip code 24465, filed in 2021:

Average Adjusted Gross Income (AGI) in 2020: $57,066 (Individual Income Tax Returns)

Here:	$57,066
State:	$86,446

Salary/wage: $37,745 (reported on 72.4% of returns)

Here:	$37,745
State:	$71,185

(% of AGI for various income ranges: 1253.3% for AGIs below $25k, 3069.2% for AGIs $25k-50k, 4263.3% for AGIs $50k-75k, 5992.5% for AGIs $75k-100k, 17783.3% for AGIs $100k-200k)

Taxable interest for individuals: $1,421 (reported on 48.3% of returns)

This zip code:	$1,421
Virginia:	$1,805

(% of AGI for various income ranges: 60.7% for AGIs below $25k, 60.8% for AGIs $25k-50k, 100.0% for AGIs $50k-75k, 87.5% for AGIs $75k-100k, 463.3% for AGIs $100k-200k)

Ordinary dividends: $9,211 (reported on 32.8% of returns)

Here:	$9,211
State:	$8,327

(% of AGI for various income ranges: 36.7% for AGIs below $25k, 112.5% for AGIs $25k-50k, 508.3% for AGIs $50k-75k, 4183.3% for AGIs $100k-200k)

Net capital gain/loss in AGI: +$13,550 (reported on 27.6% of returns)

Here:	+$13,550
State:	+$24,644

(% of AGI for various income ranges: 20.7% for AGIs below $25k, 99.2% for AGIs $25k-50k, 438.3% for AGIs $50k-75k, 5850.0% for AGIs $100k-200k)

Profit/loss from business: +$7,223 (reported on 22.4% of returns)

Here:	+$7,223
State:	+$12,836

(% of AGI for various income ranges: 59.3% for AGIs below $25k, 255.8% for AGIs $25k-50k, 713.3% for AGIs $50k-75k, 383.3% for AGIs $100k-200k)

Taxable individual retirement arrangement distribution: $11,129 (reported on 12.1% of returns)

24465:	$11,129
Virginia:	$21,535

(% of AGI for various income ranges: 353.3% for AGIs $25k-50k, 1183.3% for AGIs $100k-200k)

Earned income credit: $1,690 (reported on 17.2% of returns)

Here:	$1,690
State:	$2,214

(% of AGI for various income ranges: 73.3% for AGIs below $25k, 49.2% for AGIs $25k-50k)

Percentage of individuals using paid preparers for their 2020 taxes: 96.6%

Here:	97%
State:	92%

(% for various income ranges: 95.2% for AGIs below $25k, 93.8% for AGIs $25k-50k, 100.0% for AGIs $50k-75k, 100.0% for AGIs $75k-100k, 100.0% for AGIs $100k-200k)

Averages for the 2012 tax year for zip code 24465, filed in 2013:

Average Adjusted Gross Income (AGI) in 2012: $41,692 (Individual Income Tax Returns)

Here:	$41,692
State:	$71,192

Salary/wage: $34,727 (reported on 73.8% of returns)

Here:	$34,727
State:	$59,229

(% of AGI for various income ranges: 68.9% for AGIs below $25k, 72.3% for AGIs $25k-50k, 59.1% for AGIs $50k-75k, 59.1% for AGIs $75k-100k, 54.0% for AGIs $100k-200k)

Taxable interest for individuals: $2,061 (reported on 50.8% of returns)

This zip code:	$2,061
Virginia:	$1,600

(% of AGI for various income ranges: 3.7% for AGIs below $25k, 3.7% for AGIs $25k-50k, 2.2% for AGIs $50k-75k, 0.9% for AGIs $75k-100k, 2.2% for AGIs $100k-200k)

Ordinary dividends: $3,465 (reported on 27.9% of returns)

Here:	$3,465
State:	$6,959

(% of AGI for various income ranges: 2.8% for AGIs below $25k, 3.3% for AGIs $25k-50k, 2.7% for AGIs $50k-75k, 5.3% for AGIs $75k-100k)

Net capital gain/loss in AGI: +$3,421 (reported on 23.0% of returns)

Here:	+$3,421
State:	+$16,672

(% of AGI for various income ranges: 0.5% for AGIs $25k-50k, 3.7% for AGIs $50k-75k, 8.0% for AGIs $75k-100k)

Profit/loss from business: +$2,467 (reported on 24.6% of returns)

Here:	+$2,467
State:	+$14,116

(% of AGI for various income ranges: 4.6% for AGIs below $25k, 1.9% for AGIs $25k-50k, 2.3% for AGIs $50k-75k)

Taxable individual retirement arrangement distribution: $9,843 (reported on 11.5% of returns)

24465:	$9,843
Virginia:	$16,667

Total itemized deductions: $22,723 (25% of AGI, reported on 21.3% of returns)

Here:	$22,723
State:	$26,596

Here:	24.6% of AGI
State:	20.1% of AGI

(% of AGI for various income ranges: 11.5% for AGIs below $25k, 7.5% for AGIs $25k-50k, 20.4% for AGIs $50k-75k, 14.0% for AGIs $100k-200k)

Charity contributions: $4,245 (reported on 18.0% of returns)

Here:	$4,245
State:	$4,443

(% of AGI for various income ranges: 2.7% for AGIs below $25k, 3.1% for AGIs $50k-75k, 2.6% for AGIs $100k-200k)

Taxes paid: $6,177 (reported on 21.3% of returns)

24465:	$6,177
State:	$9,951

(% of AGI for various income ranges: 2.3% for AGIs below $25k, 1.2% for AGIs $25k-50k, 3.3% for AGIs $50k-75k, 6.0% for AGIs $100k-200k)

Earned income credit: $1,492 (reported on 21.3% of returns)

Here:	$1,492
State:	$2,211

(% of AGI for various income ranges: 4.1% for AGIs below $25k, 1.0% for AGIs $25k-50k)

Percentage of individuals using paid preparers for their 2012 taxes: 62.3%

Here:	62%
State:	46%

(% for various income ranges: 62.1% for AGIs below $25k, 66.7% for AGIs $25k-50k, 62.5% for AGIs $50k-75k, 50.0% for AGIs $75k-100k, 60.0% for AGIs $100k-200k)

Averages for the 2004 tax year for zip code 24465, filed in 2005:

Average Adjusted Gross Income (AGI) in 2004: $33,307 (Individual Income Tax Returns)

Here:	$33,307
State:	$56,704

Salary/wage: $28,162 (reported on 72.7% of returns)

Here:	$28,162
State:	$48,441

(% of AGI for various income ranges: 118.6% for AGIs below $10k, 58.2% for AGIs $10k-25k, 70.4% for AGIs $25k-50k, 65.9% for AGIs $50k-75k, 69.1% for AGIs $75k-100k, 38.1% for AGIs over 100k)

Taxable interest for individuals: $2,225 (reported on 60.3% of returns)

This zip code:	$2,225
Virginia:	$1,688

(% of AGI for various income ranges: 15.3% for AGIs below $10k, 7.0% for AGIs $10k-25k, 3.2% for AGIs $25k-50k, 3.4% for AGIs $50k-75k, 2.1% for AGIs $75k-100k, 3.7% for AGIs over 100k)

Taxable dividends: $4,089 (reported on 29.8% of returns)

Here:	$4,089
State:	$4,028

(% of AGI for various income ranges: 7.8% for AGIs below $10k, 4.4% for AGIs $10k-25k, 2.6% for AGIs $25k-50k, 4.1% for AGIs $50k-75k, 0.8% for AGIs $75k-100k, 5.3% for AGIs over 100k)

Net capital gain/loss: +$9,228 (reported on 26.5% of returns)

Here:	+$9,228
State:	+$14,375

(% of AGI for various income ranges: 8.8% for AGIs below $10k, 2.5% for AGIs $10k-25k, 0.7% for AGIs $25k-50k, 1.4% for AGIs $50k-75k, 2.2% for AGIs $75k-100k, 26.2% for AGIs over 100k)

Profit/loss from business: +$5,643 (reported on 22.7% of returns)

Here:	+$5,643
State:	+$13,342

(% of AGI for various income ranges: 1.2% for AGIs below $10k, 11.2% for AGIs $10k-25k, 5.2% for AGIs $25k-50k, -0.0% for AGIs $50k-75k, 3.8% for AGIs over 100k)

IRA payment deduction: $4,406 (reported on 4.7% of returns)

24465:	$4,406
Virginia:	$2,943

Total itemized deductions: $17,007 (26% of AGI, reported on 21.4% of returns)

Here:	$17,007
State:	$21,492

Here:	25.9% of AGI
State:	21.0% of AGI

(% of AGI for various income ranges: 24.0% for AGIs below $10k, 10.1% for AGIs $10k-25k, 8.3% for AGIs $25k-50k, 7.9% for AGIs $50k-75k, 16.0% for AGIs $75k-100k, 13.0% for AGIs over 100k)

Charity contributions deductions: $4,529 (6% of AGI, reported on 17.6% of returns)

Here:	$4,529
State:	$3,794

Here:	6.5% of AGI
State:	3.5% of AGI

(% of AGI for various income ranges: 0.9% for AGIs $10k-25k, 1.8% for AGIs $25k-50k, 1.8% for AGIs $50k-75k, 3.5% for AGIs $75k-100k, 4.1% for AGIs over 100k)

Total tax: $4,029 (reported on 76.7% of returns)

24465:	$4,029
State:	$9,537

(% of AGI for various income ranges: 5.9% for AGIs below $10k, 5.1% for AGIs $10k-25k, 6.6% for AGIs $25k-50k, 9.0% for AGIs $50k-75k, 9.6% for AGIs $75k-100k, 15.4% for AGIs over 100k)

Earned income credit: $1,119 (reported on 17.4% of returns)

Here:	$1,119
State:	$1,734

Percentage of individuals using paid preparers for their 2004 taxes: 58.3%

Here:	58%
State:	52%

(% for various income ranges: 56.4% for AGIs below $10k, 55.5% for AGIs $10k-25k, 59.9% for AGIs $25k-50k, 53.2% for AGIs $50k-75k, 76.5% for AGIs $75k-100k, 67.6% for AGIs over 100k)

Nearest zip codes: 24944, 24458, 24915, 24413, 24487, 24920.
No gay or lesbian households reported

Household received Food Stamps/SNAP in the past 12 months: 45
Household did not receive Food Stamps/SNAP in the past 12 months: 517

Women who had a birth in the past 12 months: 65 (0 now married, 60 unmarried)
Women who did not have a birth in the past 12 months: 163 (26 now married, 138 unmarried)

Housing units in zip code 24465 with a mortgage: 171 (3 second mortgage, 1 both second mortgage and home equity loan)
Houses without a mortgage: 3

Median monthly owner costs for units with a mortgage: $1,091
Median monthly owner costs for units without a mortgage: $393

Residents with income below the poverty level in 2022:
Residents with income below 50% of the poverty level in 2022:

• Zip code 24465 household income distribution in 2022

• 11Less than $10,000
• 26$10,000 to $14,999
• 14$15,000 to $19,999
• 31$20,000 to $24,999
• 24$25,000 to $29,999
• 54$30,000 to $34,999
• 8$35,000 to $39,999
• 27$40,000 to $44,999
• 31$45,000 to $49,999
• 52$50,000 to $59,999
• 69$60,000 to $74,999
• 59$75,000 to $99,999
• 86$100,000 to $124,999
• 24$125,000 to $149,999
• 36$150,000 to $199,999
• 6$200,000 or more

• Estimate of home value of owner-occupied houses/condos in 2022 in zip code 24465

• 3Less than $10,000
• 12$60,000 to $69,999
• 3$70,000 to $79,999
• 14$80,000 to $89,999
• 1$90,000 to $99,999
• 39$100,000 to $124,999
• 44$125,000 to $149,999
• 72$150,000 to $174,999
• 15$175,000 to $199,999
• 38$200,000 to $249,999
• 50$250,000 to $299,999
• 44$300,000 to $399,999
• 54$400,000 to $499,999
• 12$500,000 to $749,999
• 13$750,000 to $999,999
• 6$1,000,000 to $1,499,999

• Rent paid by renters in 2022 in zip code 24465

• 5$350 to $399
• 6$450 to $499
• 13$500 to $549
• 1$800 to $899
• 17$1,000 to $1,249
• 58No cash rent

Median gross rent in 2022: $880.

Median price asked for vacant for-sale houses and condos in 2022: $454,894.

Estimated median house (or condo) value in 2022 for:

• White Non-Hispanic householders: $190,047

Estimated median house or condo value in 2022: $199,639 Lower value quartile - upper value quartile: $151,798 - $344,159

Mean price in 2022:

Detached houses: $234,921

Here:	$234,921
State:	$472,865

Housing units in structures:

• One, detached: 863
• One, attached: 24
• Two: 29
• 5 to 9: 10
• 10 to 19: 3
• Mobile homes: 115

Unemployment: 21.5%

• Means of transportation to work in zip code 24465

• 62.6%233Drove a car alone
• 3.8%14Carpooled
• 8.1%30Walked
• 1.3%5Other means
• 27.4%102Worked at home

• Travel time to work (commute) in zip code 24465

• 40Less than 5 minutes
• 855 to 9 minutes
• 2710 to 14 minutes
• 2615 to 19 minutes
• 3520 to 24 minutes
• 525 to 29 minutes
• 1630 to 34 minutes
• 1535 to 39 minutes
• 445 to 59 minutes
• 1760 to 89 minutes
• 190 or more minutes

Percentage of zip code residents living and working in this county: 86.8%

Household type by relationship:

Households: 1,282

• Male householders: 266 (62 living alone), Female householders: 299 (87 living alone)

• 302 spouses (302 opposite-sex spouses), 26 unmarried partners, (26 opposite-sex unmarried partners), 196 children (189 natural, 0 adopted, 7 stepchildren), 3 grandchildren, 19 brothers or sisters, 16 parents, 0 foster children, 9 other relatives, 144 non-relatives

Size of family households: 292 2-persons, 46 3-persons, 7 4-persons, 42 5-persons

Size of nonfamily households: 149 1-person, 21 2-persons, 6 5-persons

66 married couples with children.
25 single-parent households (18 men, 7 women).

97.8% of residents of 24465 zip code speak English at home.
1.6% of residents speak Spanish at home (100% very well).
1.5% of residents speak Asian or Pacific Island language at home (100% very well).

Housing units lacking complete plumbing facilities: 6.1%
Housing units lacking complete kitchen facilities: 4.5%

Population in 1990: 1,335. Population change in the 1990s: +178 (+13.3%).

Place of birth for U.S.-born residents:

• This state: 882
• Northeast: 87
• Midwest: 53
• South: 179
• West: 47

76% of the 24465 zip code residents lived in the same house 5 years ago.
   Out of people who lived in different houses, 51% lived in this county.
   Out of people who lived in different counties, 50% lived in Virginia.

94% of the 24465 zip code residents lived in the same house 1 year ago.
   Out of people who lived in different houses, 58% moved from this county.
   Out of people who lived in different houses, 42% moved from different county within same state.

Private vs. public school enrollment:

Students in private schools in grades 1 to 8 (elementary and middle school): 7
Students in private schools in grades 9 to 12 (high school): 1 Students in private undergraduate colleges: 1

Top industries in this zip code by the number of employees in 2005:

• Accommodation and Food Services: Full-Service Restaurants (10-19 employees: 2 establishments, 5-9 employees: 1 establishment)
• Finance and Insurance: Commercial Banking (20-49: 1)
• Accommodation and Food Services: Hotels (except Casino Hotels) and Motels (10-19: 1, 1-4: 1)
• Construction: Commercial and Institutional Building Construction (10-19: 1)
• Information: Newspaper Publishers (10-19: 1)
• Health Care and Social Assistance: Offices of Physicians (except Mental Health Specialists) (10-19: 1)
• Other Services (except Public Administration): Civic and Social Organizations (5-9: 1, 1-4: 1)

Most common first names in zip code 24465 among deceased individuals
Name	Count	Lived (average)
William	21	75.0 years
Mary	16	78.0 years
James	15	74.1 years
John	13	82.2 years
Robert	12	73.2 years
Margaret	10	81.7 years
Charles	10	73.5 years
George	9	75.5 years
Elsie	7	81.0 years
Mabel	7	87.4 years

Most common last names in zip code 24465 among deceased individuals
Last name	Count	Lived (average)
Simmons	20	75.5 years
Beverage	18	82.6 years
Gum	18	80.1 years
Rexrode	14	80.6 years
Gutshall	13	73.1 years
Hiner	12	76.6 years
Hammer	11	78.0 years
Bird	10	83.2 years
Botkin	9	63.3 years
Moyers	8	76.5 years

Businesses in zip code 24465

• True Value: 1